👉 The term "prestated" in finance refers to a specific type of financial statement that outlines an investor's investment or loan. It is typically used when there is an agreement between two parties regarding the terms of a financial transaction, such as a sale or purchase of real estate or a loan. The purpose of the pre-estimate is to provide information on the potential return on investment for a project, and to ensure that both parties are aware of the terms of the agreement before signing it.
